Transaction growth across all major payment types slowed from September as consumers were focused on the elections. October marked the third month in a row of slower year-over-year PIN debit transaction growth. One possible factor that contributed to the slower growth of PIN debit was the implementation of Regulation E, which requires banks to decline debit transactions at the point of sale for customers who have not opted in for overdraft protection..
BOSTON--(BUSINESS WIRE)--PYMNTS.com, the B2B marketing portal that captures “what’s next” in the payments sector, today announced the launch of the Lydian Journal to bring the industry cutting-edge commentary from the world’s top financial thinkers.
A free publication available exclusively on PYMNTS.com, the Lydian Journal covers several topic areas key to the payments industry, including developments in technology, regulation, business practices, and social commerce.
“Our vision from the start was to create the best publication in the world for people to consume and contribute innovative analysis on what’s next in payments. We have spent the last year, since the initial launch of PYMNTS.com, on innovations to achieve that. We have recruited several of the leading thinkers and doers on payments in the world to serve as our section editors,” said David S. Evans, Editor-in-Chief of the Lydian Journal and founder of Market Platform Dynamics, a consultancy that helps companies identify, ignite, and monetize innovation.
Section editors include:
- Business: Tim Attinger, former Global Head of Product Innovation at Visa and now Managing Director of Market Platform Dynamics
- Developing Countries and Mobile Payments: Ignacio Mas, Deputy Director in the Financial Services for the Poor program at the Bill & Melinda Gates Foundation
- Economics and Consumer Studies: Scott Schuh, Director of the Consumer Payments Research Center and Senior Economist at the Federal Reserve Bank of Boston
- Law and Regulation: Tom Brown, partner at O'Melveny & Myers specializing in competition law and legal issues affecting the financial services industry
- Social Commerce: Karen Webster, CEO of Market Platform Dynamics
- Technology: Patrick Gauthier, Head of Market Intelligence at PayPal
The Lydian Journal also publishes provocative white papers from leading payments organizations and in-depth profiles of payments sectors in countries around the world.
For more information and to read the latest edition of the Lydian Journal, visit: http://www.pymnts.com/journal/.
PYMNTS.com (www.pymnts.com) is an online media channel that captures user-generated and expert-driven commentary, information, news, and analysis on “what’s next” in the payments sector, worldwide. The site provides a platform for industry professionals to share content related to their latest company and product developments, to tap into the collective commentary and analysis from experts, bloggers, and industry pundits, and to interact with industry thought leaders and other influentials on topics of critical importance to the future of the sector. A joint venture of Business Wire, a Berkshire Hathaway Company, and Market Platform Dynamics, PYMNTS.com redefines the ways in which B2B news and information is both generated and distributed.
For information on the editorial calendar for upcoming topics being featured on PYMNTS.com, please contact Site Producer Justin Unger at firstname.lastname@example.org.
You can also subscribe to receive the daily PYMNTS.com newsletter at subscribe@PYMNTS.com. Follow us on Twitter, LinkedIn, or Facebook.
About Market Platform Dynamics (MPD):
Market Platform Dynamics helps companies find, develop, and monetize innovation. We do this by leveraging the experts, expertise, and ecosystem that we have assembled over several decades of working with the most innovative platforms in the payments, mobile, technology, online, and digital media sectors, worldwide. This work is guided by MPD’s Innovation Platform® - a set of proven tools and rigorous frameworks that create ignition strategies that drive growth and profit.
MPD works with both incumbents and new entrants, offering a unique lens into the dynamics that shape the competitive playing field. In addition to traditional consulting-based services, MPD’s Catalyst Ventures provides intellectual and human capital to new firms. MPD’s experts include economists, econometricians, product development specialists, and strategic marketers who apply cutting-edge business theory and statistical methods to the practical problems of building and growing a profitable catalyst business. MPD is headquartered in Cambridge, MA, and has offices in London and Hong Kong.
For more information, visit www.marketplatforms.com.
About Business Wire:
Business Wire, a Berkshire Hathaway company, is utilized by tens of thousands of member companies and organizations worldwide to functionally enhance and communicate investor relations and public relations content to target audiences. As a recognized disclosure service in the United States, Canada, and a dozen European countries, Business Wire facilitates the simultaneous flow of market-moving press releases from corporations to financial markets and their audiences, including regulatory authorities, media, investors, financial information systems, and consumer news services. Business Wire also handles XBRL tagging, document formatting, and regulatory filing into EDGAR, SEDAR, FSA, and other systems.
Founded in 1961, Business Wire has dual headquarters in San Francisco and New York, with 30 bureaus in cities, including Los Angeles, Chicago, Boston, Miami, Paris, Frankfurt, London, Brussels, Tokyo, Toronto and Sydney, and reciprocal offices throughout the world. Business Wire's patented NX data platform supports XML, XHTML, and XBRL code that enhances news release interactivity, social media sharing, and search engine optimization. More information about Business Wire and its services is located on its website at www.BusinessWire.com.